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Hambantota Refinery: Sinopec’s $3.7 Billion Push for Energy Independence

Sri Lanka is preparing for one of the largest-ever foreign direct investments in its history, with China’s Sinopec Group moving forward on a US$3.7 billion oil refinery project in Hambantota. This mega-project comes at a time when Sri Lanka is seeking to secure energy independence and reduce reliance on volatile global fuel markets. Project Scope […]

September 17, 2025

By SLDirectory

Central Bank of Sri Lanka Issues Rs. 2000 Commemorative Currency Note to Mark 75th Anniversary

Central Bank of Sri Lanka Issues Rs. 2000 Commemorative Currency Note to Mark 75th Anniversary The Central Bank of Sri Lanka (CBSL) today issued a Rs. 2000 circulated commemorative currency note in celebration of its 75th anniversary. The launch of this special note reflects the milestone theme, “Stability for Prosperity,” underscoring CBSL’s continued commitment to […]

September 17, 2025

By SLDirectory

Sri Lanka Aims for 6% GDP Growth by 2026 Amidst Economic Challenges

Sri Lanka is setting ambitious economic goals, targeting 6% GDP growth by 2026. This projection is supported by a record capital expenditure of 1.4 trillion rupees (approximately $4.64 billion) allocated for infrastructure development and investment. However, the outlook for 2025 appears more modest, with growth expectations ranging between 4% and 4.5%, primarily due to delays […]

September 16, 2025

By SLDirectory

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